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Sanmina Executive Compensation (FY25)

SANM · San Jose, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): March 12, 2026
220 figures on this page: 209 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Total compensation for Jure Sola, Chairman and Chief Executive Officer, came to $18,183,981 in fiscal 2025, and Sola's total was 9.5% higher than the $16,605,817 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 1,418:1, against median employee compensation of $12,825. The say-on-pay proposal drew 81.4% of votes cast for or against in favor at the meeting held March 9, 2026 for fiscal 2025. Companies named in the disclosed peer group include Amphenol Corporation, Arrow Electronics, Avnet, Inc., Benchmark Electronics, Inc. and Celestica Inc., among others.
Chief executive, fiscal 2025
◇
Jure Sola
Latest say-on-pay support
=
March 9, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jure Sola: $16,605,817 → $18,183,981 (9.5% higher)
CEO pay ratio: 1,165:1 → 1,418:1 (21.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Sanmina's chief executive and what were they paid?
Total compensation for Jure Sola, Chairman and Chief Executive Officer, came to $18,183,981 in fiscal 2025. Sola's total was 9.5% higher than the $16,605,817 reported for fiscal 2024.
What was Sanmina's say-on-pay result?
The say-on-pay proposal drew 81.4% of votes cast for or against in favor at the meeting held March 9, 2026 for fiscal 2025.
Which companies are in Sanmina's peer group?
Companies named in the disclosed peer group include Amphenol Corporation, Arrow Electronics, Avnet, Inc., Benchmark Electronics, Inc. and Celestica Inc., among others.
What is Sanmina's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 1,418:1, against median employee compensation of $12,825.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jure Sola
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Kurt Adzema
Executive Vice President, Finance and Chief Financial Officer
◇—◇—◇—◇◇
Alan Reid
Executive Vice President, Global Human Resources
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jure Sola
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Kurt Adzema
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Charles Mason
Executive Vice President, Worldwide Sales
◇—◇—◇—◇◇
Alan Reid
Executive Vice President, Global Human Resources
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jure Sola
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Jonathan Faust
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Charles Mason
Executive Vice President, Worldwide Sales
◇—◇—◇—◇◇
Alan Reid
Executive Vice President, Global Human Resources
◇—◇—◇—◇◇
Kurt Adzema
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jure Sola
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Jonathan Faust
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Charles Mason
Executive Vice President, Worldwide Sales
◇—◇—◇—◇◇
Alan Reid
Executive Vice President, Global Human Resources
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alan McWRSU◇——◇——◇
Alan McWPSU◇—◇—◇—◇
Charles C. MasonRSU◇——◇——◇
Charles C. MasonPSU◇—◇—◇—◇
Jonathan FaustPSU◇—◇—◇—◇
Jonathan FaustRSU◇——◇——◇
Jure SolaPSU◇—◇—◇—◇
Jure SolaRSU◇——◇——◇
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Charles MasonPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Jonathan FaustPSU◇◇——
PSU◇◇——
PSU◇◇——
Jure SolaPSU◇◇——
PSU◇◇——
PSU◇◇——
Alan ReidPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Krish Prabhu
Lead independent director
◇◇————◇
Susan K. Barnes
◇◇————◇
Joseph G. Licata, Jr
◇◇————◇
Susan A. Johnson
◇◇————◇
David V. Hedley III
◇◇————◇
Mythili Sankaran
◇◇————◇
Michael J. Loparco
◇◇————◇
Jure Sola served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Amphenol Corporation APH
  • Arrow Electronics ARW
  • Avnet, Inc. AVT
  • Benchmark Electronics, Inc. BHE
  • Celestica Inc. CLS
  • Curtiss-Wright Corporation CW
  • Fabrinet FN
  • Flex Ltd. FLEX
  • Jabil Inc. JBL
  • Keysight Technologies KEYS
  • Plexus Corp. PLXS
  • Seagate Technology STX
  • TTM Technologies, Inc. TTMI
  • Western Digital Corporation WDC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025March 9, 2026=◇◇◇
2024March 10, 2025=◇◇◇
2023March 11, 2024=◇◇◇
2022March 13, 2023=◇◇◇
2021March 14, 2022=◇◇◇
2020March 15, 2021=◇◇◇
2019March 9, 2020=◇◇◇
2018March 11, 2019=◇◇◇
2017March 5, 2018=◇◇◇
2016March 6, 2017=◇◇◇
2015March 7, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Sanmina disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Sanmina sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
220 figures on this page: 209 cited to the filing that reported them, 11 calculated from figures it prints.
209 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001104659-26-027057
  2. 0001308179-26-000017
    CEO Pay Ratio · Director Compensation Arrangements · Director Compensation Limits · Grants of Plan Based Awards · and 2 more sections
  3. 0001104659-25-023955
  4. 0001308179-25-000021
    Summary Compensation Table
  5. 0001104659-24-034993
  6. 0001308179-24-000020
    Summary Compensation Table
  7. 0001104659-23-033303
  8. 0001308179-23-000030
    Summary Compensation Table
  9. 0001104659-22-035534
  10. 0001104659-21-038342
  11. 0001104659-20-032486
  12. 0001104659-19-015284
  13. 0001104659-18-015892
  14. 0001104659-17-015816
  15. 0001104659-16-104222
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Sanmina executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SANM (accessed 2026).
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Sanmina discloses

The companies named in SANM's own disclosed peer group.

Amphenol CorporationBenchmark Electronics, Inc.Celestica Inc.FabrinetFlex Ltd.Jabil Inc.Plexus Corp.Seagate TechnologyTTM Technologies, Inc.Western Digital Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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